Traders await a likely quarter-point Fed cut amid concerns about a market bubble while corporate manoeuvres at BT and Sainsbury’s reshape the UK retail and telecoms landscape.
ShinyHunters says 7.4 million email addresses were taken from Gucci, Balenciaga and Alexander McQueen customer records; Kering says no financial information was accessed
Stock rises after talks with JD.com end; investors optimistic Sainsbury may divest the Argos division
Chief executive Giles Hurley says employer National Insurance and a packaging levy have already fed through to shelf prices as Aldi posts £18.1bn in UK and Ireland sales and plans £1.6bn expansion
Bolton-based online retailer upgrades full-year profits and plans up to £10m repurchase as it leans on AI and offshoring to manage rising costs
The 13,000-square-foot Gilded Age mansion at 18 E. 71st St. hit the market amid court filings alleging more than $17 million in defaulted loans and overdue taxes.
A Canadian furniture maker says its large Las Vegas plant and ties with UNLV show manufacturing can help diversify an economy hit by falling visitors, rising foreclosures and complaints about high prices
Cadillac Lyriq, Escalade IQ and GMC Sierra Denali EV offer long range and premium interiors, but weight, pricing and brand dynamics may limit their ability to unseat Tesla
Tests of Cadillac’s Lyriq and Escalade IQ and GMC’s Sierra Denali EV show polished interiors and long-range batteries, but hefty weight and high prices complicate the competitive picture.